The minimum monthly salary in Bulgaria will be raised to EUR 235 on January 1, 2017, which is 9.5% more as compared to 2016. Thus, job seekers will be more motivated to join the labor market. Moreover, the employees who receive the minimum monthly salary would be more able to meet their needs. The increase of the minimum wages is expected to reduce the poverty risk among employed Bulgarians. The minimum hourly rate will become EUR 1.42. In 2017 the poverty line in Bulgaria will be set at EUR 160.55, which is EUR 7.16 more as compared to 2016.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
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